Reserve Bank of India (RBI) has sharply tightened the definition of mis-selling, removing one of the biggest defences used by banks and insurance companies that the customer had explicitly consented by signing documents.
https.//www.rbi.org.in/hindi ... https.//www.rbi.org.in ... [email protected] ... The underwriting commission will be credited to the current account of the respective PDs with RBI on the day of issue of securities.
The Reserve Bank of India (RBI) has proposed a ban on incentives paid by third parties to bank staff for selling insurance, mutual funds and other products to curb the mis‑selling of financial products.
Historical data reveals that RBI interventions typically occur when the USD/INR approaches critical psychological levels ... RBI Intervention Mechanisms and Market Impact ... USD/INR -0.8% RBI intervention, strong fundamentals ... Former RBI deputy governor R.
MUMBAI, India – The IndianRupee (INR) is finding a crucial line of defense against global headwinds, with market analysts and currency charts pointing toward potential intervention by the Reserve Bank of India (RBI).